HANSEN MICHAEL L sold 39.6% of their position (56.34K shares) of WATERSTONE FINANCIAL, INC. on the open market

Open‑market sale worth $1.10M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 28 sales

HANSEN MICHAEL L

Filed: 3/2/2021ACC: 0001567619-21-005294

InsiderHANSEN MICHAEL LCIK 1336616

→

IssuerWATERSTONE FINANCIAL, INC.CIK 1569994

Director

Since Mar 2021

-56.34K

Net shares

Net seller

$1.10M

Total sold

Open market trades

0B · 28S

Total transactions

62.50K acquired · 118.84K disposed

Non-Derivative Transactions29

Common Stock

Direct

M · Option Exercise

+62.50K

Price / share

$12.75

Trade value

$796.88K

% of position

78.3%

3/1/2021

79.87K→142.37K

Common Stock

Direct

S · Sale

−23.20K

Price / share

$19.40

Trade value

$450.16K

% of position

16.3%

3/1/2021

142.37K→119.17K

Common Stock

Direct

S · Sale

−531.00

Price / share

$19.41

Trade value

$10.30K

% of position

0.4%

3/1/2021

119.17K→118.64K

Common Stock

Direct

S · Sale

−1.18K

Price / share

$19.41

Trade value

$22.81K

% of position

1.0%

3/1/2021

118.64K→117.46K

Common Stock

Direct

S · Sale

−310.00

Price / share

$19.41

Trade value

$6.02K

% of position

0.3%

3/1/2021

117.46K→117.15K

Common Stock

Direct

S · Sale

−400.00

Price / share

$19.42

Trade value

$7.77K

% of position

0.3%

3/1/2021

117.15K→116.75K

Common Stock

Direct

S · Sale

−590.00

Price / share

$19.42

Trade value

$11.46K

% of position

0.5%

3/1/2021

116.75K→116.16K

Common Stock

Direct

S · Sale

−29.00

Price / share

$19.43

Trade value

$563.33

% of position

0.0%

3/1/2021

116.16K→116.13K

Common Stock

Direct

S · Sale

−100.00

Price / share

$19.43

Trade value

$1.94K

% of position

0.1%

3/1/2021

116.13K→116.03K

Common Stock

Direct

S · Sale

−1.36K

Price / share

$19.43

Trade value

$26.48K

% of position

1.2%

3/1/2021

116.03K→114.67K

Common Stock

Direct

S · Sale

−295.00

Price / share

$19.43

Trade value

$5.73K

% of position

0.3%

3/1/2021

114.67K→114.38K

Common Stock

Direct

S · Sale

−318.00

Price / share

$19.44

Trade value

$6.18K

% of position

0.3%

3/1/2021

114.38K→114.06K

Common Stock

Direct

S · Sale

−2.98K

Price / share

$19.45

Trade value

$57.85K

% of position

2.6%

3/1/2021

114.06K→111.08K

Common Stock

Direct

S · Sale

−100.00

Price / share

$19.45

Trade value

$1.94K

% of position

0.1%

3/1/2021

111.08K→110.98K

Common Stock

Direct

S · Sale

−808.00

Price / share

$19.45

Trade value

$15.72K

% of position

0.7%

3/1/2021

110.98K→110.17K

Common Stock

Direct

S · Sale

−4.00

Price / share

$19.45

Trade value

$77.82

% of position

0.0%

3/1/2021

110.17K→110.17K

Common Stock

Direct

S · Sale

−1.12K

Price / share

$19.46

Trade value

$21.81K

% of position

1.0%

3/1/2021

110.17K→109.05K

Common Stock

Direct

S · Sale

−200.00

Price / share

$19.46

Trade value

$3.89K

% of position

0.2%

3/1/2021

109.05K→108.85K

Common Stock

Direct

S · Sale

−3.50K

Price / share

$19.47

Trade value

$68.14K

% of position

3.2%

3/1/2021

108.85K→105.35K

Common Stock

Direct

S · Sale

−2.36K

Price / share

$19.48

Trade value

$46.01K

% of position

2.2%

3/1/2021

105.35K→102.99K

Common Stock

Direct

S · Sale

−200.00

Price / share

$19.48

Trade value

$3.90K

% of position

0.2%

3/1/2021

102.99K→102.79K

Common Stock

Direct

S · Sale

−4.30K

Price / share

$19.49

Trade value

$83.75K

% of position

4.2%

3/1/2021

102.79K→98.49K

Common Stock

Direct

S · Sale

−298.00

Price / share

$19.50

Trade value

$5.81K

% of position

0.3%

3/1/2021

98.49K→98.19K

Common Stock

Direct

S · Sale

−5.04K

Price / share

$19.50

Trade value

$98.20K

% of position

5.1%

3/1/2021

98.19K→93.16K

Common Stock

Direct

S · Sale

−200.00

Price / share

$19.50

Trade value

$3.90K

% of position

0.2%

3/1/2021

93.16K→92.96K

Common Stock

Direct

S · Sale

−3.72K

Price / share

$19.51

Trade value

$72.60K

% of position

4.0%

3/1/2021

92.96K→89.23K

Common Stock

Direct

S · Sale

−509.00

Price / share

$19.52

Trade value

$9.93K

% of position

0.6%

3/1/2021

89.23K→88.73K

Common Stock

Direct

S · Sale

−2.66K

Price / share

$19.52

Trade value

$51.92K

% of position

3.0%

3/1/2021

88.73K→86.07K

Common Stock

Direct

S · Sale

−37.00

Price / share

$19.52

Trade value

$722.42

% of position

0.0%

3/1/2021

86.07K→86.03K

Total

Net shares

+6.16K

Net value

-$298.73K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/1/2021	M · Option Exercise	+62.50K	$12.75	$796.88K	78.3%	79.87K	142.37K
Common Stock Direct	3/1/2021	S · Sale	−23.20K	$19.40	$450.16K	16.3%	142.37K	119.17K
Common Stock Direct	3/1/2021	S · Sale	−531.00	$19.41	$10.30K	0.4%	119.17K	118.64K
Common Stock Direct	3/1/2021	S · Sale	−1.18K	$19.41	$22.81K	1.0%	118.64K	117.46K
Common Stock Direct	3/1/2021	S · Sale	−310.00	$19.41	$6.02K	0.3%	117.46K	117.15K
Common Stock Direct	3/1/2021	S · Sale	−400.00	$19.42	$7.77K	0.3%	117.15K	116.75K
Common Stock Direct	3/1/2021	S · Sale	−590.00	$19.42	$11.46K	0.5%	116.75K	116.16K
Common Stock Direct	3/1/2021	S · Sale	−29.00	$19.43	$563.33	0.0%	116.16K	116.13K
Common Stock Direct	3/1/2021	S · Sale	−100.00	$19.43	$1.94K	0.1%	116.13K	116.03K
Common Stock Direct	3/1/2021	S · Sale	−1.36K	$19.43	$26.48K	1.2%	116.03K	114.67K
Common Stock Direct	3/1/2021	S · Sale	−295.00	$19.43	$5.73K	0.3%	114.67K	114.38K
Common Stock Direct	3/1/2021	S · Sale	−318.00	$19.44	$6.18K	0.3%	114.38K	114.06K
Common Stock Direct	3/1/2021	S · Sale	−2.98K	$19.45	$57.85K	2.6%	114.06K	111.08K
Common Stock Direct	3/1/2021	S · Sale	−100.00	$19.45	$1.94K	0.1%	111.08K	110.98K
Common Stock Direct	3/1/2021	S · Sale	−808.00	$19.45	$15.72K	0.7%	110.98K	110.17K
Common Stock Direct	3/1/2021	S · Sale	−4.00	$19.45	$77.82	0.0%	110.17K	110.17K
Common Stock Direct	3/1/2021	S · Sale	−1.12K	$19.46	$21.81K	1.0%	110.17K	109.05K
Common Stock Direct	3/1/2021	S · Sale	−200.00	$19.46	$3.89K	0.2%	109.05K	108.85K
Common Stock Direct	3/1/2021	S · Sale	−3.50K	$19.47	$68.14K	3.2%	108.85K	105.35K
Common Stock Direct	3/1/2021	S · Sale	−2.36K	$19.48	$46.01K	2.2%	105.35K	102.99K
Common Stock Direct	3/1/2021	S · Sale	−200.00	$19.48	$3.90K	0.2%	102.99K	102.79K
Common Stock Direct	3/1/2021	S · Sale	−4.30K	$19.49	$83.75K	4.2%	102.79K	98.49K
Common Stock Direct	3/1/2021	S · Sale	−298.00	$19.50	$5.81K	0.3%	98.49K	98.19K
Common Stock Direct	3/1/2021	S · Sale	−5.04K	$19.50	$98.20K	5.1%	98.19K	93.16K
Common Stock Direct	3/1/2021	S · Sale	−200.00	$19.50	$3.90K	0.2%	93.16K	92.96K
Common Stock Direct	3/1/2021	S · Sale	−3.72K	$19.51	$72.60K	4.0%	92.96K	89.23K
Common Stock Direct	3/1/2021	S · Sale	−509.00	$19.52	$9.93K	0.6%	89.23K	88.73K
Common Stock Direct	3/1/2021	S · Sale	−2.66K	$19.52	$51.92K	3.0%	88.73K	86.07K
Common Stock Direct	3/1/2021	S · Sale	−37.00	$19.52	$722.42	0.0%	86.07K	86.03K
Total			+6.16K		-$298.73K

Derivative Transactions1

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

62.50K shares

−62.50K

Strike price

12.75

Held after

37.50K

Exercisable

—

3/1/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock62.50K shares	3/1/2021	M · Option Exercise	−62.50K	12.75	—	37.50K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned186.54K

Total

186.54K indirect186.54K

Security Title	Shares Owned	Ownership Type
Common Stock	186.54K	Indirect
Total	186.54K	186.54K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported